National Security and Foreign Affairs
The sale of nearly $2 million in corporate stock by high-level Equifax executives shortly after the company learned of a major data breach has sparked public outrage that could turn into another hurdle for the credit rating agency.
The sales all occurred before the company publicly reported the breach, a disclosure that quickly sent its stock tumbling. The timing of the sales could attract federal scrutiny, legal experts say, though proving insider trading would be difficult. A company spokeswoman said the executives did not know about the breach when they sold their shares.
Statements from members of Congress suggest Equifax will soon be dealing with a public flogging in Washington in addition to its falling share price and outraged consumers, following the data breach that potentially affected millions of customers.
At least one member of Congress, Rep. Ted Lieu of California, is demanding an investigation into the breach, and others including a top House Republican say the intrusion disclosed late Thursday can't be ignored.
Perhaps it should be little surprise to that a data breach that could well affect half of the American population would escalate quickly. Congressmen are now calling for an official inquiry into the huge Equifax leak, while a class action lawsuit against the company has been filed less than 24 hours after the credit bureau announced a hack that resulted in personal data on as many as 143 million U.S. citizens being compromised.
Rising tensions on the Korean peninsula, combined with a president who prizes unpredictability, have focused new attention on the little-understood process that a president would follow to order the use of nuclear weapons.
FOR IMMEDIATE RELEASE: September 6, 2017
Spies and hackers are actively exploiting a backbone of how mobile phones communicate—and telecoms have known about it for 19 years.
By targeting a network and set of related protocol known as SS7, for-profit surveillance companies and financially motivated criminals can track phones across the planet, or intercept calls and text messages.
A Republican congressman from Florida made a special demonstration of his loyalty to President Trump last week by introducing an amendment to protect him from the Russia investigation led by special counsel Robert S. Mueller III.
WASHINGTON - Congressman Ted W. Lieu (D-Los Angeles County) issued the following statement regarding H.R. 1697, the Israel Anti-Boycott Act of 2017:
President Donald Trump won a victory, at least a temporary one, in the simmering crisis on the Korean Peninsula recently when North Korean leader Kim Jong Un backed down on his threats to launch missiles into waters near Guam. The president tweeted that Kim "made a very wise and well reasoned decision. The alternative would have been both catastrophic and unacceptable!"